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Business News

Italian stocks slide, dollar’s rally pauses

LONDON (Reuters) – Italian stocks fell on Wednesday after reports that two parties seeking to form Italy’s next government could seek debt forgiveness, although broader markets were unfazed and focused instead on a pause in surging U.S. bond yields.

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Trading Ideas

It’s Time to Take a Calculated Risk on General Electric Stock

Some of the calls were early, while the more recent table-pounding in favor of GE stock was ideally timed. As I said from the beginning, though the stage was set, General Electric stock was going to be a volatile mess for the foreseeable future. The pros are all — more or less — starting to agree things really can’t get much worse for GE stock, and may well improve from here. …read more […]